Publication: Financial Sector Assessment : Malawi
Date
2008-07
ISSN
Published
2008-07
Author(s)
World Bank
Abstract
Malawi's financial system is small
even by regional standards and bank dominated but with a
variety of institutions and markets. The Malawian financial
system consists of nine banks, two discount houses, one
leasing company, eight insurance companies, four development
finance institutions (DFIs), a young-but
growing-microfinance industry, and a nascent capital market.
Only 10 percent of Malawi's population has access to
formal financial services, reflecting the high incidence of
poverty, high degree of informality, and a high proportion
of the population in rural areas. Malawi's financial
system offers a variety of conventional financial services,
concentrated on the short-term end of the yield curve, but
with an increasing focus on down-market products.
Significant ownership linkages within the financial system
and with non-financial corporations pose challenges for
governance and related party transactions.
Link to Data Set
Citation
“World Bank. 2008. Financial Sector Assessment : Malawi. © Washington, DC. http://hdl.handle.net/10986/15928 License: CC BY 3.0 IGO.”